- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

Greek Referendum Gives Hope Euro, Democracy Can Coexist – Finance Minister

© AP Photo / Petr David JosekGreece's Finance Minister Yanis Varoufakis casts his vote at a polling station in Athens, Sunday, July 5, 2015
Greece's Finance Minister Yanis Varoufakis casts his vote at a polling station in Athens, Sunday, July 5, 2015 - Sputnik International
Subscribe
The Greek bailout referendum gives Europe a "holy moment of hope" that euro and democracy can live together, Greek Finance Minister Yanis Varoufakis said Sunday.

ATHENS (Sputnik) — On Sunday, Greek voters are taking part in a referendum to determine whether Athens should accept the lenders-proposed bailout plan that envisages serious spending cuts and tax increases.

"After five years of misfortunes and losses, Greek people now have an opportunity to decide on the last ultimatum by the Eurogroup and its partners. It is a holy moment… this moment gives Europe hope that the single currency and democracy can live together," Varoufakis told reporters after having voted in the referendum.

A man casts his vote at a polling station in the northern Greek port city of Thessaloniki, Sunday, July 5, 2015 - Sputnik International
#Greferendum: Greeks Voting on Austerity Terms Proposed by Int'l Creditors
Varoufakis repeatedly stated that he himself supports the "No" vote which, he believes, will help Greece secure a better deal in future negotiations with the lenders.

EU officials, including Eurogroup President Jeroen Dijsselbloem, said that the "No" vote would be interpreted as a step toward the exit from the Eurozone.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала